NOT LISTED FOR SALE

1901 Griffith Park Blvd Los Angeles, CA 90039

Estimated Value: $1,040,000 - $1,708,000

3 Beds
3 Baths
1,440 Sq Ft
$970/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $805,000 $559 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $8,558/month

7 Days on Market

Highlights

  • View of Hills
  • Wood Flooring
  • Laundry Room
  • Franklin Avenue Elementary Rated A-
  • No HOA
  • French Doors

About This Home

As of August 2014

Rare tropical oasis in Silver Lake! Beautifully maintained duplex in a lush garden setting consists of the owner’s unit, a 2 bed x 2 bath unit with indoor laundry. One bedroom and bath were added without permits. This modern, updated unit features hardwood floors, travertine tile, a Jacuzzi tub and a walk in shower. The pleasant paint colors offer a great contrast for the wood blinds and French doors. Enjoy your morning coffee on your deck overlooking the hills or relax with a book outside your bedroom. The large lush private back yard and deck are perfect for entertaining. The front unit is a tenant occupied updated one bedroom one bath with indoor washer and dryer and small private patio. Both units share a large 2 car garage. This duplex is a rare gem in a great neighborhood close to everything and it will go fast!

Last Agent to Sell the Property

Nicoleta Simionescu

Allways Financial Services License #01130221 Listed on: 06/26/2014

Last Buyer's Agent

Alice Fujimoto

Compass License #01704555

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,538

Year Built

  • Built in 1953

Lot Details

  • 4,599 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Views of Hills
  • Built-In Range
  • Laundry Room

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 1951
  • Assessor Parcel Number 5431002018

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $900
  • New Taxes Expense $10,000
  • Gross Income $1,600
  • Net Operating Income $342

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,538

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: stove, dishwasher, refrigerator,microwave,washer, dryer
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 5431002018
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Door Features: French Doors
  • Levels: Two
  • Price Per Square Foot: 559.03

Exterior Features

  • View: Hills
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4599.00
  • Lot Size Acres: 0.1060

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 1600.00
  • Gross Scheduled Income: 1600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4599.0000 Square Feet
  • Net Operating Income: 342.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 1258.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Lot: 27
  • Tax Tract Number: 1951
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2014
Closed on
Jul 8, 2014
Sold by
Blume Edward
Bought by
Melton Shannon Leigh
Seller's Agent
Nicoleta Simionescu
Allways Financial Services
Buyer's Agent
Alice Fujimoto
Compass
List Price
$799,900
Sold Price
$805,000
Premium/Discount to List
$5,100
0.64%
Current Estimated Value
$1,396,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,858
Avg. Annual Appreciation
5.15%
Original Mortgage
$523,250
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 19, 2014
Sold by
Mayes Marc
Bought by
Mayes Marc J and The Marc J Mayes Revocable Trust

Purchase Details

Closed on
Oct 11, 2004
Sold by
Guzman Jesus
Bought by
Mayes Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2001
Sold by
Tsuma Marjorie S
Bought by
Guzman Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.57%

Purchase Details

Closed on
Dec 13, 1996
Sold by
Levtow Kenneth M
Bought by
Tsuma Marjorie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
7.85%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Melton Shannon Leigh $805,000 Ticor Title Co
Mayes Marc J -- None Available
Mayes Marc $625,000 Stewart Title Of California
Guzman Jesus $250,000 Equity Title
Tsuma Marjorie S $43,500 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melton Shannon Leigh $779,000
Closed Melton Shannon Leigh $779,000
Previous Owner Melton Shannon Leigh $523,250
Previous Owner Mayes Marc $514,458
Previous Owner Mayes Marc $506,000
Previous Owner Mayes Marc $500,000
Previous Owner Guzman Jesus $250,000
Previous Owner Guzman Jesus $200,000
Previous Owner Tsuma Marjorie S $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $805,000 +0.6% $559 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $799,900 -- $555 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,538 $967,479 $580,488 $386,991
2024 $11,538 $948,509 $569,106 $379,403
2023 $11,312 $929,912 $557,948 $371,964
2022 $10,781 $911,679 $547,008 $364,671
2021 $10,647 $893,804 $536,283 $357,521
2019 $10,325 $867,296 $520,378 $346,918
2018 $10,249 $850,291 $510,175 $340,116
2016 $9,795 $817,275 $490,365 $326,910
2015 $9,650 $805,000 $483,000 $322,000
2014 $8,813 $710,675 $540,115 $170,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14134404

California Regional Multiple Listing Service (CRMLS)

APN: 5431-002-018